Jindal Drilling & Industries
Market Cap
₹2.1b
Last Updated
2020/07/13 12:39 UTC
Data Sources
Company Financials
Executive Summary
Jindal Drilling & Industries Limited provides drilling services to the oil and gas sector in India.
Snowflake Analysis
Imperfect balance sheet and overvalued.
Share Price & News
How has Jindal Drilling & Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 511034's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.9%
511034
5.7%
IN Energy Services
1.1%
IN Market
1 Year Return
-27.6%
511034
-13.8%
IN Energy Services
-6.2%
IN Market
Return vs Industry: 511034 underperformed the Indian Energy Services industry which returned -13.8% over the past year.
Return vs Market: 511034 underperformed the Indian Market which returned -6.2% over the past year.
Shareholder returns
| 511034 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.9% | 5.7% | 1.1% |
| 30 Day | -5.6% | 10.1% | 7.3% |
| 90 Day | 38.7% | 29.1% | 19.2% |
| 1 Year | -27.1%-27.6% | -12.6%-13.8% | -4.4%-6.2% |
| 3 Year | -59.4%-59.9% | -38.0%-39.8% | -2.3%-6.9% |
| 5 Year | -56.8%-57.6% | 8.3%5.1% | 22.2%12.9% |
Price Volatility Vs. Market
How volatile is Jindal Drilling & Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Jindal Drilling & Industries undervalued compared to its fair value and its price relative to the market?
0.11x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 511034 (₹70.85) is trading above our estimate of fair value (₹2.04)
Significantly Below Fair Value: 511034 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 511034 is unprofitable, so we can't compare its PE Ratio to the IN Energy Services industry average.
PE vs Market: 511034 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 511034's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 511034 is good value based on its PB Ratio (0.1x) compared to the IN Energy Services industry average (0.9x).
Next Steps
Future Growth
How is Jindal Drilling & Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.1%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jindal Drilling & Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of 511034’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Jindal Drilling & Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Jindal Drilling & Industries performed over the past 5 years?
-50.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 511034 is currently unprofitable.
Growing Profit Margin: 511034 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 511034 is unprofitable, and losses have increased over the past 5 years at a rate of -50.9% per year.
Accelerating Growth: Unable to compare 511034's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 511034 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (62.3%).
Return on Equity
High ROE: 511034 has a negative Return on Equity (-46.29%), as it is currently unprofitable.
Next Steps
Financial Health
How is Jindal Drilling & Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 511034's short term assets (₹3.1B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 511034's short term assets (₹3.1B) do not cover its long term liabilities (₹3.3B).
Debt to Equity History and Analysis
Debt Level: 511034's debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: 511034's debt to equity ratio has increased from 24% to 31.3% over the past 5 years.
Debt Coverage: 511034's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: 511034 is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Jindal Drilling & Industries's current dividend yield, its reliability and sustainability?
0.70%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 511034's dividend (0.71%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).
High Dividend: 511034's dividend (0.71%) is low compared to the top 25% of dividend payers in the Indian market (2.72%).
Stability and Growth of Payments
Stable Dividend: 511034's dividend payments have been volatile in the past 10 years.
Growing Dividend: 511034's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: 511034 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Radhey Gupta (63yo)
2.42yrs
Tenure
₹1,679,000
Compensation
Mr. Radhey Shyam Gupta has been the Chief Executive Officedr of Jindal Drilling & Industries since February 2, 2018. He has over 35 years of Experiance.
CEO Compensation Analysis
Compensation vs Market: Radhey's total compensation ($USD22.34K) is below average for companies of similar size in the Indian market ($USD48.83K).
Compensation vs Earnings: Radhey's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive officer | 2.42yrs | ₹1.68m | 0.000070% ₹1.5k | |
| MD & Director | 22.17yrs | ₹9.67m | 0.63% ₹13.1m | |
| Chief Financial Officer | 6.17yrs | ₹2.33m | no data | |
| Company Secretary & Compliance Officer | 1.25yrs | no data | no data | |
| Chief Mechanic | no data | no data | no data | |
| Chief Mechanic | no data | no data | no data |
2.2yrs
Average Tenure
45.5yo
Average Age
Experienced Management: 511034's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 22.17yrs | ₹9.67m | 0.63% ₹13.1m | |
| Additional Non-Executive Independent Director | 0.42yr | no data | no data | |
| Non-Executive Chairman | 5.25yrs | ₹240.00k | 0.44% ₹9.1m | |
| Independent Non-Executive Director | 20.33yrs | ₹250.00k | no data | |
| Independent Non-Executive Director | 11.33yrs | ₹250.00k | no data | |
| Independent Non-Executive Director | 6.17yrs | ₹210.00k | no data |
8.8yrs
Average Tenure
67.5yo
Average Age
Experienced Board: 511034's board of directors are considered experienced (8.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Jindal Drilling & Industries Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Jindal Drilling & Industries Limited
- Ticker: 511034
- Exchange: BSE
- Founded: 1983
- Industry: Oil and Gas Drilling
- Sector: Energy
- Market Cap: ₹2.076b
- Shares outstanding: 28.98m
- Website: https://www.jindal.com/jdil/index.html
Number of Employees
Location
- Jindal Drilling & Industries Limited
- 5 Pusa Road
- 2nd Floor
- New Delhi
- Delhi
- 110005
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 511034 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Dec 2001 |
| JINDRILL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Dec 2001 |
Biography
Jindal Drilling & Industries Limited provides drilling services to the oil and gas sector in India. It provides offshore, horizontal and directional drilling, and mud logging services. The company was incorporated in 1983 and is headquartered in New Delhi, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/13 12:39 |
| End of Day Share Price | 2020/07/13 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.